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USDCAD TECHS

Northbound

US TSYS

FI Support Evaporates Amid Late Month End Selling

AUDUSD TECHS

Remains Vulnerable

CANADA

Late Risk Off Sees USDCAD Eye Cycle Highs

US TSY OPTIONS

BLOCK, Late Puts

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Breaking out lower

USD
  • The Dollar remains heavy, EURUSD is still short of yesterday's high post CPI print that was at 1.0368, will be initial resistance
  • AUDUSD is breaking out higher, highest since the 10th June, next upside target will be seen at 0.7141 76.4% retracement of the Jun 3 - Jul 14 downleg
  • Early focus during the European Govie open, was on the Swissy, and although EURCHF has been defended at 0.9700, USDCHF trades at lowest level since the 14th April.
  • Support below are seen at 0.9324 and 0.9287.
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  • The Dollar remains heavy, EURUSD is still short of yesterday's high post CPI print that was at 1.0368, will be initial resistance
  • AUDUSD is breaking out higher, highest since the 10th June, next upside target will be seen at 0.7141 76.4% retracement of the Jun 3 - Jul 14 downleg
  • Early focus during the European Govie open, was on the Swissy, and although EURCHF has been defended at 0.9700, USDCHF trades at lowest level since the 14th April.
  • Support below are seen at 0.9324 and 0.9287.